DFNM ETF Analysis: Dimensional National | NYSE

Muni National Interm | NYSE, USA | Market Cap: 2.239m USD | 12M Return: 4% | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Tax-Exempt Income, AMT-Free Bonds, Intermediate Duration
Total Rating 48
Safety 79
Buy Signal -0.09
Muni National Interm
Category Rotation: -4.2
TER: 0.17%
AUM: 2.24B
Avg Turnover: 8.02M
Risk 3d forecast
Volatility3.55%
VaR 5th Pctl0.60%
VaR vs Median-6.23%
Reward TTM
Sharpe Ratio-0.15
Rel. Str. IBD31
Rel. Str. Peer Group25
Character TTM
Beta0.039
Beta Downside0.020
Hurst Exponent0.623
Drawdowns 3y
Max DD2.78%
CAGR/Max DD1.05
CAGR/Mean DD4.93

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 4.6 years of data

Jan +0.3% 42
Feb +0.1% 20
Mar -0.8% 22
Apr -0.6% 27
May -0.3% 42
Jun +0.3% 22
Jul +0.1% 12
Aug +0.2% 12
Sep +0.5% 14
Oct -0.2% 12
Nov +1.9% 24
Dec +0.3% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DFNM Dimensional National

DFNM is a passively managed ETF that invests at least 80% of its net assets in U.S. municipal securities whose interest income is exempt from federal income tax. The fund targets an intermediate-term maturity profile by maintaining a weighted average duration that stays within a defined band relative to its benchmark, the S&P Intermediate Term National AMT-Free Municipal Bond Index-no more than half a year longer and no less than one year shorter.

As a municipal bond ETF, DFNM offers investors exposure to debt issued primarily by state and local governments, with the AMT-Free designation indicating that the underlying holdings are also exempt from the federal Alternative Minimum Tax. The ETF structure provides intraday trading liquidity and transparency, differentiating it from traditional mutual fund vehicles in the muni bond space.

Headlines to Watch Out For
  • Fed rate cuts lift intermediate muni bond prices
  • Federal tax reform threatens muni interest exemption
  • Vanguard MUB competition pressures fund AUM growth
What is the price of DFNM shares?

As of July 28, 2026, the stock is trading at USD 47.69 with a total of 234,904 shares traded. Over the past week, the price has changed by -0.59%, over one month by -1.08%, over three months by -0.56% and over the past year by +4.00%.

Current recommended Stop Loss: 47.50 (which is 0.4% or 1.6 ATR below the current price).

Is DFNM a buy, sell or hold?

Dimensional National has no consensus analysts rating.